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CIEN (CIEN) insider to sell 11,618 common shares on NYSE

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

An affiliate of CIEN has filed a notice of intent to sell common stock under Rule 144. The planned sale covers 11,618 common shares, to be routed through Morgan Stanley Smith Barney LLC, with an indicated aggregate market value of $2,642,486.22. These shares are part of a larger base of 140,854,735 common shares outstanding and are expected to be sold on the NYSE around 01/12/2026.

The shares were originally acquired from the issuer as restricted stock in two grants: 4,755 shares on 03/28/2020 and 6,863 shares on 04/03/2019, each noted as fully paid without special payment terms. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or future operations.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the CIEN Form 144 filing disclose about planned share sales?

The filing discloses an intent to sell 11,618 common shares of CIEN through Morgan Stanley Smith Barney LLC, with an aggregate market value of $2,642,486.22, on the NYSE around 01/12/2026.

How many CIEN shares are outstanding compared to the shares being sold?

The filing lists 140,854,735 common shares outstanding, compared with the planned sale of 11,618 shares under this notice.

How were the CIEN shares in the Form 144 originally acquired?

The shares were acquired from the issuer as restricted stock: 4,755 shares on 03/28/2020 and 6,863 shares on 04/03/2019, both marked as fully paid in cash-equivalent terms.

Which broker will handle the CIEN Rule 144 share sale?

The intended broker is Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange are the CIEN shares in the Form 144 expected to be sold?

The filing identifies the NYSE as the exchange where the 11,618 common shares are expected to be sold.

What representation does the seller make in the CIEN Rule 144 notice?

By signing, the seller represents that they do not know any material adverse information about the issuers current or prospective operations that has not been publicly disclosed.
Ciena Corp

NYSE:CIEN

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140.32M
Communication Equipment
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